Tag: Mortgage Backed Securities

At a time when the real estate sector is hard-pressed for funds, the real estate mutual funds (REMFs) are yet to take off, in spite of being granted permission 3 months ago. This is due to unclear rules about their tax treatment. REMFs, which were touted as key instrument enabling retail investors to take part […]

MUMBAI – Indian market regulator, the Securities and Exchange Board of India (SEBI), said it has amended the regulations to allow domestic fund houses to start real estate mutual funds (REMF) in the country. In a release, the regulator said however that existing mutual funds have to fulfill certain conditions, such as having an sufficient […]